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Raiffeisen Bank Sees Romania’s GDP Growth At 4.2%, Budget Deficit At 3.6% In 2017
Banks-Insurance

Raiffeisen Bank Sees Romania’s GDP Growth At 4.2%, Budget Deficit At 3.6% In 2017

Romania’s economy is expected to grow 4.2% in 2017, inflation is seen at 0.9%, while the budget deficit is forecast at 3.6%, according to Raiffeisen Bank analysts.

Gabriela Stan · 16.03.2017 · 12:45 · 1 min
UniCredit: Romania’s Economic Growth To Moderate, Investments To Decrease In 2017
Macroeconomics

UniCredit: Romania’s Economic Growth To Moderate, Investments To Decrease In 2017

Romania’s economic growth, which reached 4.8% in 2016, the highest post-crisis level, will moderate and investments will decrease in 2017, according to a report by UniCredit Bank.

Ecaterina Craciun · 14.03.2017 · 19:35 · 1 min
Capital Market

ING Bank Sees Romania’s GDP Growth At 4.1%, Inflation At 1.1% In 2017

Romania’s economy is expected to grow 4.1% in 2017, inflation is seen at 1.1%, while the Romanian leu could strengthen versus the euro, according to ING Global Economic Forecasts.

Gabriela Stan · 13.03.2017 · 18:54 · 1 min
Romanian Industrial Output Up 5.5% on Year in January
Macroeconomics

Romanian Industrial Output Up 5.5% on Year in January

Romania's seasonally adjusted industrial output increased 5.5% in January compared with January 2016, but declined 0.5% compared with December 2016, data from the country's statistics board...

Oana Gavrila · 13.03.2017 · 09:32 · 1 min
Romania Trade Deficit at EUR602.2M in January
Macroeconomics

Romania Trade Deficit at EUR602.2M in January

Romania's trade balance posted a deficit of EUR602.2 million in January, EUR222.5 million higher than in January 2016, data from the country's statistics board showed Monday.

Oana Gavrila · 13.03.2017 · 09:23 · 1 min
Romania Average Net Salary Declines 2.3% on Month in January
Macroeconomics

Romania Average Net Salary Declines 2.3% on Month in January

The net average salary in Romania decreased 2.3% in January compared with December, to 2,300 lei (around EUR505), data from the country's statistics board showed Monday.

Oana Gavrila · 13.03.2017 · 09:15 · 1 min
Banks-Insurance

BT Analyst: Inflation Dynamics Seen At 1.5% In 2017, 2.7% In 2018

Annual inflation dynamics accelerated to 0.2% in February to the highest level since spring 2015 (before the VAT rate cut on food products from 24% to 9%), on the backdrop of the stimulation...

Gabriela Stan · 10.03.2017 · 13:25 · 1 min
Romania Inflation Rate at 0.2% in February
Macroeconomics

Romania Inflation Rate at 0.2% in February

Romania's consumer price index grew to an annual rate of 0.2% in February, from 0.1% in January, data from the country's statistics board showed Friday.

Oana Gavrila · 10.03.2017 · 09:15 · 1 min
Net Investment In Romania Fell 3.3% On Year In 2016
Macroeconomics

Net Investment In Romania Fell 3.3% On Year In 2016

Net investments in the Romanian economy dropped by 3.3% on the year in 2016, to RON70.28 billion, data from the country's statistics board INS showed Wednesday.

Ecaterina Craciun · 08.03.2017 · 11:15 · 1 min